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| Japan-based Asahi Glass is considering changing the site where it will establish its fifth Taiwan-based glass substrate plant since construction of related facilities may be postponed due to a recent government environment assessment team report which said that the Tree Valley Park industrial park is not suited for development, according to Tetsuji Kakimoto, chairman and president of Asahi Glass Fine Techno Taiwan (AFT), a 100% owned subsidiary of Japan-based Asahi Glass.
| DuPont Europe, Middle East & Africa (EMEA) yesterday launched "DuPont in Energy" - a global interactive virtual tour featuring more than 30 DuPont products and services in more than 60 applications - as part of an increased effort to position the DuPont brand as key player in an important and growing market segment.
Schott Solar Closes The Gap To The Global Leaders - Substantial Expansion Of Photovoltaic Capacities
| SCHOTT Solar GmbH is seeking to strengthen its position as one of the world’s technology and market leaders in the field of Photovoltaics.
| Yahoo.com reported that PPG Industries, which makes paints, coatings and other specialty products, said Friday one of its subsidiaries has been awarded a $35 million contract to provide cockpit windows to Brazilian airplane manufacturer Embraer.
| Pneumofore participated in the exhibition and conference with the local partner and once again the Glassman show confirmed it self as being an important forum for key decision makers in the glass industry.
| The landmark glass terrarium known as Biosphere 2, built as a self-sustaining environment for humans 20 years ago, and the 1,650 acres (668 hectares) surrounding the Arizona research site were sold to a home developer for $50 million (37 million EUR).
| The board of directors of Asahi India Glass recommended the interim dividend of 65%, or Rs 0.65 a share, declared in the board meeting held on Mar. 17, 2007, as final dividend for the financial year 2006-07.
| Turkish glass giant Sise ve Cam Fabrikalari (Sisecam) is freezing plans that it had to double its investments in Bulgaria, until problems in the country’s labour laws are solved.
| The Board of Directors of Kyro Corporation has approved a new share-based incentive plan for the Kyro Group's (Glaston Corporation as of 1 June 2007) key personnel.
| Diamon-Fusion International, Inc. (DFI Nanotechnology), global developer and exclusive licensor of the Diamon-Fusion® patented hydrophobic nanotechnology, signed a 5-year license renewal with Italian glass manufacturer CURVET (Curvet Holding Group), one of the world’s leaders in the fabrication of specialty curved glass in the architectural field, including a wide range of market segments such as home furnishings, urban design, refrigerated display cases, freezer doors, lighting and the marine industry.
| The American Ceramic Society and NYS College of Ceramics at Alfred University will hold the 2007 Glass & Optical Materials Division Meeting & 18th University Conference on Glass in Rochester, New York, May 20-23, 2007.
| Consolidated first-quarter sales for the Saint-Gobain Group came in at EUR10,447 million, compared with EUR9,745 million in the same year-ago period, representing a rise of 7.2% on an actual structure basis and 9.0% at constant exchange rates.
| Arch Aluminum & Glass Company, a private company specializing in the architectural glass products industry, has acquired Trulite Industries, Ltd., a privately held glass fabricator and distributor.
| Xinyi Glass Holdings has reported a 49.3% increase in net profit to HK$388.23 million. The profit increase came on the back of a 40% increase in turnover to HK$1.93 billion, boosted by substantial growth in vehicle glass exports and sales in construction and float glasses in Greater China.
| An historic glass-making factory closes its doors for the final time today. The Echo revealed in October that the Corning factory at Millfield was to shut with the loss of about 100 jobs.
| Strong Growth, Outperforming Targets - Sales: up 18.5% to EUR41,596 million; up 18.2% at constant exchange rates* and up 6.7% like-for-like - Operating income: up 29.9% to EUR3,714 million; up 29.8% at constant exchange rates* - Net income (excluding capital gains and losses on sales of non-current assets): up 32.6% to EUR1,702 million The key consolidated data for the Group, as well as the results by business sector and geographical area set out in the appendix, are the same as the estimated figures published at the end of January (**), and are summarized below: 2005 2006 % In EUR In EUR change millions millions (1) (2) (2)/(1) Net sales (a) 35,110 (a) 41,596 (a) +18.5% Operating income 2,860 3,714 +29.9% Non-operating costs (288) (367) +27.4% Capital gains and losses and exceptional asset write-downs (21) (27) -28.6% Dividend income 3 2 -50.0% Business income 2,554 3,322 +30.1% Net financial expense (569) (748) +31.5% Income tax (701) (899) +28.2% Share in net income of equity 10 7 -30.0% investees Income before minority interests 1,294 1,682 +30.0% Minority interests (30) (45) +50.0% Net attributable income 1,264 1,637 +29.5% Earnings per share based on the number of shares at December 31 (in 3.66 4.44 +21.3% EUR) Earnings per share excluding capital 1,284 1,702 +32.6% gains Earnings per share excluding capital gains based on the number of shares at December 31 (in EUR) 3.72 4.62 +24.2% Cash flow from operations 2,735 3,347 +22.4% Cash flow from operations excluding capital gains tax 2,730 3,374 +23.6% Depreciation and amortization 1,420 1,717 (b) +20.9% Capital expenditure 1,756 2,191 +24.8% Investments in securities (c) 6,991 584 n.m.
| Forty percent of Auburn Hillsbased Guardian Industries' revenue now comes from overseas, company executives have confirmed.
| Pilkington Special Glass in St. Asaph, North Wales has improved its waste handling process by installing two heavy-duty centrifuges from Centriquip.
| Owens Corning and Saint-Gobain have agreed to merge Owens Corning’s Reinforcements Business and Saint-Gobain’s Reinforcements and Composites Business (a part of the entity known as Vetrotex) into a new company that will be named OCV Reinforcements.
| Glass and aluminium products manufacturer AG Industries (AGI) reported that fully diluted headline earnings per share for the six months ended December had increased from 19.3 cents to 20.2 cents.